
Bosses in charge of the the £800 million Airport City project in Wythenshawe have said the scheme will not be affected by the collapse of one of its partners – construction giant Carillion.
Carillion, which employs 20,000 people and is understood to have public private partnership contracts worth £1.7 billion across the country, went into liquidation with debts of more than £900 million.
The troubled firm is one of five partners in a joint venture to deliver the enterprise zone aimed at stimulating the Greater Manchester economy by creating on-site logistics, manufacturing, office and leisure facilities. The other partners are Manchester Airport Group, Beijing Construction Engineering Group, the Greater Manchester Pension Fund. Continue reading “Airport City scheme “not affected” by Carillion collapse”
